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Dec 19, 2012
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. >> good evening from newtown, connecticut. we'll have more on that coming up. >> and in washington, the nra breaks it's silence. the kudlow report starts now. >> all right let's go to john harwitt first in dc. i think i agree with what you were saying first. >>> he moved to plan b and the hope that further negotiations could produce progress. >> our plan b would protect american taxpayers who make $1 million or less and have their current rates extended. i continue to have hope. that would reduce spending as well as revenues on the table. >> but of course the democrats in the senate. didn't see plan b as a step forward. harry reid came out and said, john boehner is walking away from the nenegotiations. >> every time we get down to something from the long-term financial think for this country. they do the charlie brown thing, they jerk the ball away. and this is what is going on. >> the posturing conceals the process that we are not aware of. but i talked to a budget aid that said, he thinks things are getting worse in terms fo
. >> good evening from newtown, connecticut. we'll have more on that coming up. >> and in washington, the nra breaks it's silence. the kudlow report starts now. >> all right let's go to john harwitt first in dc. i think i agree with what you were saying first. >>> he moved to plan b and the hope that further negotiations could produce progress. >> our plan b would protect american taxpayers who make $1 million or less and have their current rates extended. i...
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Dec 17, 2012
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to listen to those families in connecticut, to listen to the families in connecticut, the mothers in atlanta on new orleans, the people at the sikh temple. >> in wisconsin. >> in wisconsin. i think there is a time to listen to the call outside the beltway and not to allow the conversation in the beltway to drown out the voices in the cities and small towns of america. >> todd? >> you know, gentlemen, i took my 7-year-old to the bus today and it took a little extra faith for me to put him on that bus today as it did for every single parent in this country and every teacher, principal, school administrator, and there for the grace of god go i. where do we fail with respect to caring for and addressing the mental health issues that are raised in the case on friday and the case in aurora and so many of these other cases where individuals have gone off and have either listening to voices or tried to solve their own anger by taking it out on others? where did we fail? >> we still have to continue to destigma ties that mental health challenges afflict people who are normal and functional. w
to listen to those families in connecticut, to listen to the families in connecticut, the mothers in atlanta on new orleans, the people at the sikh temple. >> in wisconsin. >> in wisconsin. i think there is a time to listen to the call outside the beltway and not to allow the conversation in the beltway to drown out the voices in the cities and small towns of america. >> todd? >> you know, gentlemen, i took my 7-year-old to the bus today and it took a little extra faith...
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Dec 15, 2012
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that's the story live in newtown, connecticut. chris pollone, nbc news, back to you. >> many thanks to chris. now to try to talk something sensible about this, we welcome blake zeft to the show, a former obama presidential campaign aide. we welcome back nan hayworth and mark simone. nan, let me begin with you, please. you're a doctor. >> yes. >> i know you're not a mental health doctor. but it has been alleged that he has asperger's syndrome, personality disorders -- nobody knows. does mental health play a huge role in this, from what you know? >> well, i'm the mother of two sons as well. i just can't imagine the scene at that elementary school. and of course the families whose children survived. these children who witnessed this. there's no explanation for these things, clearly, larry. and this is the latest in a series of shootings this year. every one of them has been perpetrated by someone who has been deemed to be exceedingly mentally ill. we do have a problem as a society in identifying those who need help so that they won't
that's the story live in newtown, connecticut. chris pollone, nbc news, back to you. >> many thanks to chris. now to try to talk something sensible about this, we welcome blake zeft to the show, a former obama presidential campaign aide. we welcome back nan hayworth and mark simone. nan, let me begin with you, please. you're a doctor. >> yes. >> i know you're not a mental health doctor. but it has been alleged that he has asperger's syndrome, personality disorders -- nobody...
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Dec 21, 2012
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connecticut governor dannell ma malloy to ring their bells. the nasdaq with a moment of silence prior to the actual trading day. >>> the bell has rung. over at the nasdaq, intest corporation, temperature management's products for semiconductors. no surprise here at the open, the nasdaq is now down almost 2%. 1.8%, the loss at this early hour. shares of apple are down 2%. across the board pretty much. these are sharp losses, jim. >> i would point out, if you want a stable situation, sussex petroleum is a limited partnership that gives you great yield. i'm looking for people to be able to pullback and say, listen, what is safety here? is safety pepsico, general mills, safety yield? or because we go over the fiscal cliff, yield doesn't have the same value. i'm trying to figure out right now in realtime what this market is telling us. what it's telling us is we're not done going down. if boehner throws more lighter fluid on the situation, if not actual high octane, then i think we go take another dip down. >> yeah. we're seeing very steep losses,
connecticut governor dannell ma malloy to ring their bells. the nasdaq with a moment of silence prior to the actual trading day. >>> the bell has rung. over at the nasdaq, intest corporation, temperature management's products for semiconductors. no surprise here at the open, the nasdaq is now down almost 2%. 1.8%, the loss at this early hour. shares of apple are down 2%. across the board pretty much. these are sharp losses, jim. >> i would point out, if you want a stable...
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Dec 18, 2012
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private equity firm selling after last week's shooting in connecticut. should investors, rather than the government, take the lead in attempting to influence gun policy? >>> herb greenberg will be out with his list of the worst ceos of the year. in this hour he will reveal number three. my partner sue herera on the floor of the new york stock exchange. hi, sue. >> hi, ty. it's a strong day with a triple digit advance. we have 13 days until america goes off the fiscal cliff. events moving faster in washington. house speaking boehner meeting with party members, moving to plan b. that deals with bush era tax cuts. the white house rejected that. investors like whatever progress we're seeing. s&p 500 at a two-month high. s&p up 1 1/3 -- 1.1 on s&p, dow jones industrial average up 114 points, almost a full% enand nasdaq up 1 1/3. the latest on how those negotiations are progressing. >> over the last 24 hours or so we've had a flurry of proposals, counter proposals, responses, responses to responses. as it lies right now, basically all those responses have been
private equity firm selling after last week's shooting in connecticut. should investors, rather than the government, take the lead in attempting to influence gun policy? >>> herb greenberg will be out with his list of the worst ceos of the year. in this hour he will reveal number three. my partner sue herera on the floor of the new york stock exchange. hi, sue. >> hi, ty. it's a strong day with a triple digit advance. we have 13 days until america goes off the fiscal cliff....
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Dec 17, 2012
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. >>> next, more details on the horrifying shooting in connecticut. back in a moment. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2550 with schwab etfs. tdd#: 1-800-345-2550 schwab etfs now have the lowest operating expenses tdd#: 1-800-345-2550 in t
. >>> next, more details on the horrifying shooting in connecticut. back in a moment. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories....
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Dec 20, 2012
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conference at the white house today, he came out to talk about gun control measures in the wake of the connecticut tragedy, but the questions were mostly focused on the fiscal cliff. the president said he couldn't understand why john boehner was detouring to plan b because the differences are narrow enough that they can still work it out. >> i've said i'm willing to make some cuts. what separates suss probably a few hundred billion dollars. the idea that we would put our economy at risk because you can't bridge that gap doesn't make a lot of sense. >> the smackdown from john boehner came shortly afterwards. it was short and sweet. he spoke for less than a minute and he said the onus is going to be on president obama if we go over the fiscal cliff. >> tomorrow the house will pass legislation to make permanent tax relief for nearly every american, 99.81% of the american people. and then the president will have a decision to make. he can call on senate democrats to pass that bill or he can be responsible for the largest tax increase in american history. >> now bainor aides say they're confident they
conference at the white house today, he came out to talk about gun control measures in the wake of the connecticut tragedy, but the questions were mostly focused on the fiscal cliff. the president said he couldn't understand why john boehner was detouring to plan b because the differences are narrow enough that they can still work it out. >> i've said i'm willing to make some cuts. what separates suss probably a few hundred billion dollars. the idea that we would put our economy at risk...
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Dec 17, 2012
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we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and cannibalization among the region. >> other concessions from the gop, the speaker proposing tax hikes for millionaires. could this be the tipping point. moving the talks beyond deadlock. >> a big week for earnings. yes, earnings. fedex, research in motion among the companies reporting. so finally maybe we'll be talking about fundamentals in the stock market more than just the cliff. we've got to talk about apple reversing its move lower this morning, sold more than 2 million iphone 5s in china. the best debut for any iphone in the china market. apple shares are higher as we
we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and...
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Dec 19, 2012
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first of all, let me say boo-yah from connecticut. and, you know, a few months ago i bought a keurig coffee machine. i was so impressed, i bought the stock, which was green mountain, i paid $57 for it. my question to you is, since it's gone down so much, started to come back up, should i hold on to it? >> i'm not -- i happen to be a fan of the keurig too, but unlike victor and the old ad, he was such a fan of realmington, he bought the company. i don't want to by green mountain. it's got the red flag, the red flag of my friend herb greenberg, and when he raises issues, i don't go there. herb tells me where battlegrounds are, and when it comes to a battleground, i'd rather eat a cold corn dog. well, check that. >>> i like to revisit stocks i talk about on "mad money," and in this case like hillshire, i think it needs more time, this is a long-term turn-around story. i suggest getting it on weakness, listen, this tastes better than the dog food i ate my first year of the show. after the break, i'll try to make you some money. >>> coming
first of all, let me say boo-yah from connecticut. and, you know, a few months ago i bought a keurig coffee machine. i was so impressed, i bought the stock, which was green mountain, i paid $57 for it. my question to you is, since it's gone down so much, started to come back up, should i hold on to it? >> i'm not -- i happen to be a fan of the keurig too, but unlike victor and the old ad, he was such a fan of realmington, he bought the company. i don't want to by green mountain. it's got...
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Dec 26, 2012
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consumers are concerned about everything from hurricane sandy and the senseless slaughters in sandy hook, connecticut, spending less and giving more to charities. >> jan, i don't want to minimize any of this, the damage that this storm has already inflicted in parts of the country and could still inflict, but we were in an environment where people were just not shopping to begin with. do you think retailers could use this as a good excuse going forward? >> yeah, bert's here with me the four horsemen and apocalypse. i have to agree with him and there's really not a lot of time left. today was going to be a very, very big day, bases where it's not being snow affected. i think you'll see a strong performance. i know i was tough, the biggest deal. the fiscal cliff killed us. retailers went deep on profession and they said, no. i thrill city nyse's will be bert. >> do you think it's getting better in 2013, bert? >> 2013 starts the retail ice age and maybe the 500 to 1,000-day retail recession. shopping centers, malls-based, starting to refinance some of them will create record vak kiss on the laws. >> whi
consumers are concerned about everything from hurricane sandy and the senseless slaughters in sandy hook, connecticut, spending less and giving more to charities. >> jan, i don't want to minimize any of this, the damage that this storm has already inflicted in parts of the country and could still inflict, but we were in an environment where people were just not shopping to begin with. do you think retailers could use this as a good excuse going forward? >> yeah, bert's here with me...
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Dec 18, 2012
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in the wake of the tragedy in connecticut. gun control and mental health care taking center stage, now congresswoman rosa delauro has been fighting for better mental health care. she'll join us at the bottom of the hour. >>> still to come, retailers that have been naughty, and nice. we break down the holiday season for specialty retailers, and tell you what it means for your portfolio. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> if you have any comments or questions about anything we've been talking about on "squawk," e-mail us at "squawk" @cnbc.com. you can follow us on twitter as well, @squawkcnbc is our handle. up next the shooter in the newtown tragedy reportedly suffered from a mental disorder. we'll speak to one of the lawmakers holding the purse strings for federal mental health care funding. [ male announcer ]
in the wake of the tragedy in connecticut. gun control and mental health care taking center stage, now congresswoman rosa delauro has been fighting for better mental health care. she'll join us at the bottom of the hour. >>> still to come, retailers that have been naughty, and nice. we break down the holiday season for specialty retailers, and tell you what it means for your portfolio. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you...
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Dec 21, 2012
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you have a newtown, connecticut facility. >> we do. we have about 400 associates there and it really has been traumatic. last evening we had a memorial service, 3,500 local people came from newtown, from danbury. it is a tragedy. many of our associates live in newtown, we have a major facility there and it just shows the fragility of life, and i can speak as a parent that if you lose a child, nothing else matters. >> now, if someone wants to help, is there an organization that you would recommend that people help? >> they have set up a special section in the united way in danbury. and if you connect the united way danbury, they have an area where you can send funds and they're doing a lot of good work. >> okay. now your company itself has been pretty socially responsible. an issue that i thought was important is fuel, the footprint that your company has and how important this is to you. zero fuel now you use? >> it really is. it's a remarkable situation that we have, you know, we are a vertically integrated company. we have operations
you have a newtown, connecticut facility. >> we do. we have about 400 associates there and it really has been traumatic. last evening we had a memorial service, 3,500 local people came from newtown, from danbury. it is a tragedy. many of our associates live in newtown, we have a major facility there and it just shows the fragility of life, and i can speak as a parent that if you lose a child, nothing else matters. >> now, if someone wants to help, is there an organization that you...
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Dec 21, 2012
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this is emblem attic of all these nice things you have said this week for the victims of the newtown connecticut tragedy. we love the way you all have been strong in support of them. >> thank you. i very much appreciate that. michael, let me ask you, what do you want to be avoiding in 2013? >> i think you have to look at it from the standpoint of extreme. it's clearly in the bond market. it's clearly in the love for dividends. it's clearly in the love for income versus capital appreciation, versus cycle kral. i call this the rocky balboa stock market. we've had tremendous swings from the bears. you cannot deny the resilience, best year since '09. how is it comparatively smaller fiscal cliff going to do it? >> he does have a point. the relative strength of this market this year has been impressive given all the headwinds that this market has. >> it's been macho ka macho. that's the fighter who just passed away in puerto rico. it has taken blows like you can't believe and has hung in there. and the market leads the economy, not the economy leads the market. we remain defensively positioned because
this is emblem attic of all these nice things you have said this week for the victims of the newtown connecticut tragedy. we love the way you all have been strong in support of them. >> thank you. i very much appreciate that. michael, let me ask you, what do you want to be avoiding in 2013? >> i think you have to look at it from the standpoint of extreme. it's clearly in the bond market. it's clearly in the love for dividends. it's clearly in the love for income versus capital...
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Dec 17, 2012
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. >> on deck, the first of many victims in the connecticut shooting are laid it rest today. tragedy sparking a national debate not only over gun control but we head to washington to see what is said on both sides. >>> the shooting friday at sandy hook elementary school in newtown, account that killed 20 children and six adult, had an economic impact of 31 billion, which is 66% from 2008. we are covering from story from various angles. we will look at the national debate on gun control and mental healthcare. first, funeral services were held for two of the 20 young victims today. nbc's danielle lee is live in newtown with more. danielle? >> good afternoon. today is the first in a long hard week ahead as families begin saying good-bye to loved ones and burying those victims who did not survive last woke's tragedy. first two funerals were held today. the first for 6-year-old noah posner, whose twin sitter survived in another room. and jack pinto. there is a lot of evidence both from the school and shooter's home and now they are beginning the long process of going through that
. >> on deck, the first of many victims in the connecticut shooting are laid it rest today. tragedy sparking a national debate not only over gun control but we head to washington to see what is said on both sides. >>> the shooting friday at sandy hook elementary school in newtown, account that killed 20 children and six adult, had an economic impact of 31 billion, which is 66% from 2008. we are covering from story from various angles. we will look at the national debate on gun...
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Dec 17, 2012
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seen fannie and freddie starting to put higher servicing fees on problematic states like new york, connecticut, new jersey, where it is very hard to foreclose. if you were an investor, would you want to write a jumbo mortgage in, say, massachusetts, where you can't foreclose at all? this is a big problem for states that have high value real estate, california, to northeast, because we still have a foreclosure problem and precisely because politicians talk about consumer protection, but they're actually hurting consumers because they can't get a mortgage. >> right, right. could be a game changer coming. chris, good to see you. >> happy new year to everybody. >> you, too. apple, it is time to move over. up next, our investors are naming five stocks that are better picks right now. >>> and still to come, why a game changer could be in store for the copper trade. the come mod times king is here to shed light on what you need to know. stay tuned. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight
seen fannie and freddie starting to put higher servicing fees on problematic states like new york, connecticut, new jersey, where it is very hard to foreclose. if you were an investor, would you want to write a jumbo mortgage in, say, massachusetts, where you can't foreclose at all? this is a big problem for states that have high value real estate, california, to northeast, because we still have a foreclosure problem and precisely because politicians talk about consumer protection, but they're...
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Dec 27, 2012
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the rain continues to move out of new york but still across connecticut, rhode island, boston. we could see maybe one, maybe even two inches of rain, snow continues with cold air coming around. we are still watching more snow and then we get the great lakes involved and as well. dumping more snow in western new york. and by that time, new york city, you might see a few flurries. the worst of it is gone for you except the wind but now northern new england, parts of it, maine corks see a foot plus the snow coming through there. all of this, rain, the wind and snow, that will impact travel. as we head lou tonight some of the worst airports this evening will be around d.c. and as well as philadelphia and new york, numerous delays. hundreds of cancelations of pilots and usually -- about a would-hour delay is average around the new york city airports tonight. and even with the snow back on towards the west. now tomorrow, new york city is -- improving throughout the afternoon but morning pilots cog still be delayed and big-time delays continue there in boston and again, things will im
the rain continues to move out of new york but still across connecticut, rhode island, boston. we could see maybe one, maybe even two inches of rain, snow continues with cold air coming around. we are still watching more snow and then we get the great lakes involved and as well. dumping more snow in western new york. and by that time, new york city, you might see a few flurries. the worst of it is gone for you except the wind but now northern new england, parts of it, maine corks see a foot...
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Dec 15, 2012
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want to express our thoughts and prayers that everyone affected by this terrible tragedy in newtown, connecticut. our words can do little to ease your pain. but you know this. we are with you in this incredible difficult time. and recognize that you are who we are thinking about, even as we try to focus on our work today. so as for the markets, it was another weak day. dow dipped 36 points. s&p gave up .41%. nasdaq declined .70. a lot of that again because of apple. you know the drill as we head into the weekend. i'm not expecting to hear any progress on the fiscal cliff. but you know, i always watch the sunday morning talk shows now very closely and i'm looking for some politicians saying something encouraging. what does encouraging mean? it means a republican uttering the two words tax increase without the word no before it. and the democrats uttering two words, spending cuts, without the word no before them. neither seems to be able to pull off that syntax, though. at this point i think we've got to assume that the washington people, they can't get it together. we've got to gird ourselves for
want to express our thoughts and prayers that everyone affected by this terrible tragedy in newtown, connecticut. our words can do little to ease your pain. but you know this. we are with you in this incredible difficult time. and recognize that you are who we are thinking about, even as we try to focus on our work today. so as for the markets, it was another weak day. dow dipped 36 points. s&p gave up .41%. nasdaq declined .70. a lot of that again because of apple. you know the drill as we...
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Dec 29, 2012
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>> i see it going off to 200, and i think democrats especially from new jersey, new york, connecticut, that would be fine with them and it's just a matter of damage control. >> and will republicans have to pay in any way for something that has no spending cuts in it. >> ideally, a lot of these guys would like to wait until january so they can say we voted for a tax cut and the new status quo is where all of the taxes have gone up. i'm sure there will be primary challenges. >> what do you think? >> first of all, let me be clear. i think 50/50 at best for exactly the reason you cited. i can't imagine that reid and mcconnell are having a happy discussion right now, so there will be serious differences there. for example, if mcconnell insists on keeping the estate tax parameters where they are instead of going where the president is, that completely seals the deal and that's one piece. >> michelle, you've made that point throughout the show, and i partially agree with you, but i will tell you this. right now everybody in this town is focused on taxes and preventing 98% of households from
>> i see it going off to 200, and i think democrats especially from new jersey, new york, connecticut, that would be fine with them and it's just a matter of damage control. >> and will republicans have to pay in any way for something that has no spending cuts in it. >> ideally, a lot of these guys would like to wait until january so they can say we voted for a tax cut and the new status quo is where all of the taxes have gone up. i'm sure there will be primary challenges....
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Dec 22, 2012
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one week after the devastating school shooting in newtown, connecticut, left 26 people dead, the national rifle association is breaking its silence. the gun rights group is calling on congress to put armed guards at every school. it's a very interesting development. actually, we could bring in -- let's go right to nbc's danielle lee. she's going to join us with the nra details. good evening, danielle. >> reporter: larry, good evening. after a week long talk about gun control and protecting our children, the situation isn't fewer guns, but more of them on camp campus. the nra's leader blamed the media for a culture of violence. and also accused the country of failing to protect our children by not putting police on every campus with guns. >> the only thing that stops a bad guy with a gun is a good guy with a gun. >> even supporters of the nra called the organization out of touch with america. lawmakers and top educators fired back. they say any solution also needs to include gun control and mental health care. >> i don't believe that the only way to stop violence by guns is to give the oth
one week after the devastating school shooting in newtown, connecticut, left 26 people dead, the national rifle association is breaking its silence. the gun rights group is calling on congress to put armed guards at every school. it's a very interesting development. actually, we could bring in -- let's go right to nbc's danielle lee. she's going to join us with the nra details. good evening, danielle. >> reporter: larry, good evening. after a week long talk about gun control and...
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Dec 6, 2012
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let's go to chris in connecticut, please, chris? >> caller: boo-yah. i want to know where you stand on cabot oil and gas. >> i don't know, where i stand, it's already too high. this thing does not come in. i would prefer you to be in eqt, which i think i reiterated this morning and i think is much better. there are lots of people who say there will be blockbuster natural gas deals coming down the road and that's why cabot stays high, that plus it has incredible marcellus holdings. when i first heard about marcellus, it was through cog and i thought it was like veal, but it turned out to be a good place for natural gas. that is the conclusion of the "lightning round"! >> the "lightning round" is sponsored by td ameritrade. >>> coming up -- waiting for washington to rise above? get your portfolio prepared for whatever happens. call, tweet, or e-mail and find your way to the latest edition of "am i diversified." t's why sh the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's beha
let's go to chris in connecticut, please, chris? >> caller: boo-yah. i want to know where you stand on cabot oil and gas. >> i don't know, where i stand, it's already too high. this thing does not come in. i would prefer you to be in eqt, which i think i reiterated this morning and i think is much better. there are lots of people who say there will be blockbuster natural gas deals coming down the road and that's why cabot stays high, that plus it has incredible marcellus holdings....
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Dec 24, 2012
12/12
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fiscal cliff, hurricane sandy of course, that tragedy in newtown, connecticut, and, of course, all of this is weighing on this a little bit more than those slightly more intangible factors of home prices being on the upside. so i saw a lot of sales. i was out all day saturday and sunday in philadelphia, walnut street. i saw sales in ann taylor, express. most of the boutique stores that were out there, at least portions of the store were on sale. so to me that at least indicates the margins are going to be under a little bit of pressure certainly by the end of the year. >> we'll see what the new quarter brings. we'll see you in a few minutes. that was fantastic. >> got to keep up the traditions down there. >> absolutely. meanwhile, facebook shares on our radar. a tax story, bullish, endless note. >> hi, carl. according to the sunday times facebook reportedly funneled 440 million pounds or approximately 712 million dollars into a tax haven last year to avoid taxes in britain. now a facebook spokesperson in response says that facebook complies with all relevant corporate regulations incl
fiscal cliff, hurricane sandy of course, that tragedy in newtown, connecticut, and, of course, all of this is weighing on this a little bit more than those slightly more intangible factors of home prices being on the upside. so i saw a lot of sales. i was out all day saturday and sunday in philadelphia, walnut street. i saw sales in ann taylor, express. most of the boutique stores that were out there, at least portions of the store were on sale. so to me that at least indicates the margins are...
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Dec 28, 2012
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and the school massacre in connecticut is now elevated gun control. democrats had been steering away from the issue out of political fear. connecticut changed the equation and the president will offer proposals in his state of the union. he'll face strong opposition from republicans and the gun lobby. that means bet on some action but not the sort of restrictions democratic liberals prefer. >> our thanks to john harwood. let's try to go back to mary thompson and see what is moving at the new york stock exchange. >> well, things are moving and my mike is finally working. as i mentioned earlier or was trying to mention, the dow had briefly dipped below 13,000. it is off the lows of the day. but again, wall street continues to keep watch on wall street or washington. most specifically the 3:00 meeting between the president and the leaders of congress. volumes today as you might expect, this is the second to last trading day of the new year, volumes are low. in fact, they're tracking below yesterday's levels, which were also very weak. as it stands right
and the school massacre in connecticut is now elevated gun control. democrats had been steering away from the issue out of political fear. connecticut changed the equation and the president will offer proposals in his state of the union. he'll face strong opposition from republicans and the gun lobby. that means bet on some action but not the sort of restrictions democratic liberals prefer. >> our thanks to john harwood. let's try to go back to mary thompson and see what is moving at the...
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Dec 26, 2012
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talk about the prospects for a deal to avoid the fiscal cliff, congressman jim himes, democrat from connecticut. congressman, there are some in both parties, i don't know, maybe they wouldn't admit it, they don't think it's the worst thing in the world to go over temporarily. where are you? >> you know, i think there's some chance we get a deal in the early weeks of january which means technically you are going over the cliff. if you vote on the deal that john boehner couldn't get done in his conference thursday, if you vote on that in january, a deficit deal than december. it's actually a tax decrease. i don't think nothing is going to happen in the coming weeks. it is possible we get into the first week of january before something to vote on. congress has gotten used to doing things at the last minute and it's not exactly clear when the last minute is here. >> i've been saying for a while you don't have to deal with 400 or 500 grand, get 250, what the president has wanted all along and get the republicans to not vote for a tax cut for everybody under 250. why hasn't that been the strategy or
talk about the prospects for a deal to avoid the fiscal cliff, congressman jim himes, democrat from connecticut. congressman, there are some in both parties, i don't know, maybe they wouldn't admit it, they don't think it's the worst thing in the world to go over temporarily. where are you? >> you know, i think there's some chance we get a deal in the early weeks of january which means technically you are going over the cliff. if you vote on the deal that john boehner couldn't get done in...
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Dec 24, 2012
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you think you had the long calendar, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >> losers? >> i think you had a tough time at jcpenney. i think the traffic was tough there all the time. i think kohl's had to be extra promotional in order to be able to drive the sales. and the whole children's sector was very promotional. from gymboree to children's place. >> so, dana, jason trennert from strat eegous. how are you doing? >> good, how are you, jason? >> good. normally retail stocks outperform in january, because i think that phenomenon that andrew was talking about is that there's a general sense that christmas gifts canceled at a certain point and then it comes back at the end and then you wind u
you think you had the long calendar, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >>...
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Dec 27, 2012
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swhc is the ticker on this of course, troubles surrounding the newtown, connecticut, shooting a lot of sellers on that stock during that period of time, today, issuing another $15 billion, expand its buy back program which it just announced with its fiscal second quarter results, announced 20 million share -- $20 million worth of buy backs and expand that to 15. nice gain on the shares. >> >> a big winner for the year. look at that chart. >> all handgunmakers, talking about this before, how ironic you can the obama administration was seen strict irbefore the elections and hand brought forward the dematte manned that might have been in the future, people wanted to bite hand guns. >> always the case. any time the debate over gun control flares up. >> does the framework of the "wall street journal" piece tell us anything new about best buy, sears? >> for sears, we have seen them cut costs, cut costs, sears and the kmart stores. it seems that this year the reckoning, the kmart operation, people have lost track of that if you send people inside kmart today, i think you basically find a rela
swhc is the ticker on this of course, troubles surrounding the newtown, connecticut, shooting a lot of sellers on that stock during that period of time, today, issuing another $15 billion, expand its buy back program which it just announced with its fiscal second quarter results, announced 20 million share -- $20 million worth of buy backs and expand that to 15. nice gain on the shares. >> >> a big winner for the year. look at that chart. >> all handgunmakers, talking about...
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Dec 19, 2012
12/12
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investigators in connecticut returned to the home of the gunman. the suspected gunman, 20-year-old adam lanza, searching for evidence. so far, authorities have been unable to retrieve any information from his computer, which was found smashed to pieces in the house he lived in with his mother, nancy. now, investigators have been trying to piece together an explanation for the crucial why, why did he do this, why did he shoot and kill his mother, why did he go to school -- a school that he had no link to and shoot 20 innocent children and six adults. the community is just starting to try to begin to heal. most students began going back to school, trying to go back into a routine today. they went back to school. police were standing guard outside the schools here. but the district superintendent said today that students and teachers from sandy hook elementary will not actually be going back to school until january, after winter break. there were also funerals today for two more 6 year olds. jessica rekos and james mattioli. we'll have more on those m
investigators in connecticut returned to the home of the gunman. the suspected gunman, 20-year-old adam lanza, searching for evidence. so far, authorities have been unable to retrieve any information from his computer, which was found smashed to pieces in the house he lived in with his mother, nancy. now, investigators have been trying to piece together an explanation for the crucial why, why did he do this, why did he shoot and kill his mother, why did he go to school -- a school that he had...
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Dec 18, 2012
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i am ashleigh banfield live in newtown, connecticut. this is the day that the students go back to school after one of the worst school shootings in the history of this country. the school district is sending its children back but the school in question, no. the kids from sandy hook elementary are not going back to class today. they won't be going back to class for a while. they will go back to a school in a neighboring town in monroe. it is being readied for those children and they will return. as others have returned on a two-hour delay today. all of this as this town buries yet another of its dead. a 6-year-old girl, jessica rekos. her family will lay her to rest today. and just so you know a little bit more about that little child. she loved horses. she wanted a cowboy hat and cowboy boots for christmas. her parents spoke with abc news about their little angel. >> she was a ball of fire. she ruled the roost. >> our little ceo we called her. she was the boss. >> reporter: as they remember their child there are so many funerals that ha
i am ashleigh banfield live in newtown, connecticut. this is the day that the students go back to school after one of the worst school shootings in the history of this country. the school district is sending its children back but the school in question, no. the kids from sandy hook elementary are not going back to class today. they won't be going back to class for a while. they will go back to a school in a neighboring town in monroe. it is being readied for those children and they will return....
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Dec 21, 2012
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. >>> in connecticut, tomorrow it's going to mean an official statewide area of mourning. >>> jesse lewis couldn't wait to get to school that friday. he was excited for the holidays and his dad was going to join him in the class that afternoon to make begin injury bread houses. he was 6 years old. smart, passionate beyond his years, his dad thought jesse could concur the world. he died trying to lead others to safety after hearing gunshots in the hallway. that's how he led his life, his parents say, fearless, courage, and strength. jesse loves animals and was learning to ride horses. his favorite toy was a little soldier. almost every night of his life, jesse slept in his mother's arms. his family writes, the picture that remains etched in our souls is his in his boots, ripped jeans and t-shirt, chomping through the pasture on his way from one adventure to another. catherine hubbard was known for the bright red hair and her smile. she, too, was 6 years old. every single christmas she asked santa to bring her a pet. even as baby she asked santa to bring her two fish. she would give others
. >>> in connecticut, tomorrow it's going to mean an official statewide area of mourning. >>> jesse lewis couldn't wait to get to school that friday. he was excited for the holidays and his dad was going to join him in the class that afternoon to make begin injury bread houses. he was 6 years old. smart, passionate beyond his years, his dad thought jesse could concur the world. he died trying to lead others to safety after hearing gunshots in the hallway. that's how he led his...
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Dec 18, 2012
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susan candiotti, cnn, newtown, connecticut. >> all right, susan. and, brooke, you know, people, the more they hear about the shooter, the more details, even us, we still don't understand why. before i go back to you in atlanta, i want to say you saw this, brooke, people just walking up to us and you walked up to us. tell me your name. >> jamie. >> you're overcome. how long have you been out here? >> i've been out here all day. just trying to leave a little something at each memorial for the kids. and for the victims. >> yeah. what did you want to say to us? >> i just -- i just can't believe that this kind of a tragedy could happen. and just walking through the town, i mean, everything is so beautiful. and there is so much love here. but it's so hard. and i have friends that live here. and thank god their kids are okay. but this is just mind blowing. and the most that i can do is just come down and show support for anybody who needs anything. >> well, thank you. >> thank you. >> thank you. we appreciate the love you're showing for everyone. >> thank
susan candiotti, cnn, newtown, connecticut. >> all right, susan. and, brooke, you know, people, the more they hear about the shooter, the more details, even us, we still don't understand why. before i go back to you in atlanta, i want to say you saw this, brooke, people just walking up to us and you walked up to us. tell me your name. >> jamie. >> you're overcome. how long have you been out here? >> i've been out here all day. just trying to leave a little something at...
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Dec 18, 2012
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susan candiotti, cnn, newtown, connecticut. >> reporter: the grade school shooting here in connecticut is the deadliest of its kind in u.s. history. the tragedy is forcing school officials to ask if they are doing enough to protect children. is lisa sylvestor is in washington, d.c. this morning. >> i know you know this but they say when you become a parent that a little bit of your heart lives outside you but for many parents this tragedy hit upon their worst fears. how do you keep your kids safe when they are away from you at school? >> you try not to think about it but it is difficult. >> reporter: gina has a hard time holding back the tears. >> it is heartbreaking. it's very difficult to imagine and i can't imagine being one of those parents. >> reporter: what happened in newtown, connecticut could have happened in any town. it is one of the quiet fears parents have that has now risen to the surface. page anderson has a 6-year-old daughter. >> my daughter was telling me that they did a drill last week so i think they do them on a regular basis. you can't prepare for every eventualli
susan candiotti, cnn, newtown, connecticut. >> reporter: the grade school shooting here in connecticut is the deadliest of its kind in u.s. history. the tragedy is forcing school officials to ask if they are doing enough to protect children. is lisa sylvestor is in washington, d.c. this morning. >> i know you know this but they say when you become a parent that a little bit of your heart lives outside you but for many parents this tragedy hit upon their worst fears. how do you keep...
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Dec 17, 2012
12/12
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hees in newtown, connecticut. let's begin here, shall we? we'll begin with the latest at sandy hook elementary school. today the first of the funerals get under way. 6-year-old jack pinto and noah pozner will be the first of the 26 victims laid to rest. we'll also learning more about the remarkable acts of heroism. one teacher, ann marie murphy, died while shielding students with her body. another read to kids to distract them from the gunshots that exploded outside their room. last night in newtown, president obama met with survivors and the families of those killed. he vowed to prevent another massacre and called for a national discussion on gun violence. more on the gun control debate in just a moment. but first the president's message to a community in anguish. here are some of the president's comments from last night's vigil. >> i am very mindful that mere words cannot match the depths of your sorrow, nor can they heal your wounded hearts. i can only hope it helps for you to know that you're not alone in your grief, that our world too h
hees in newtown, connecticut. let's begin here, shall we? we'll begin with the latest at sandy hook elementary school. today the first of the funerals get under way. 6-year-old jack pinto and noah pozner will be the first of the 26 victims laid to rest. we'll also learning more about the remarkable acts of heroism. one teacher, ann marie murphy, died while shielding students with her body. another read to kids to distract them from the gunshots that exploded outside their room. last night in...
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Dec 18, 2012
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special edition from newtown, connecticut. the tragedy here on friday has truly changed the conversation on gun control in this country. president obama met with members of his cabinet yesterday. ordering ideas that would include a ban on assault weapons. and there is word of a major move overnight by dick's sporting goods. 451 stores across 42 states. out of respect to the victims it has pulled its guns from the store close toast nst to newtow suspended the sale of ar-15sand guns like it across the entire chain. >>> in this morning, children in newtown will head back to school for the first time since friday's shooting. sandy hook elementary will remain closed, it's an active crime scene. jessica rekos will be laid to rest today. 6 years old. couldn't wait for her 10th birthday, because her parents said they would buy a horse for her. dan malloy calling for a moment of silence one week after the shooting at sandy hook. the governor choking up as he told why he took it upon himself to tell the families waiting on friday mornin
special edition from newtown, connecticut. the tragedy here on friday has truly changed the conversation on gun control in this country. president obama met with members of his cabinet yesterday. ordering ideas that would include a ban on assault weapons. and there is word of a major move overnight by dick's sporting goods. 451 stores across 42 states. out of respect to the victims it has pulled its guns from the store close toast nst to newtow suspended the sale of ar-15sand guns like it...
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Dec 17, 2012
12/12
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there are so many in this area of connecticut. just a few hours ago, news broke that in ridgefield 20 minutes from where i'm standing, yet another school district went into lockdown. obviously nerves are on edge. but the report that came in officially was that someone who was driving by, nearby train station, saw someone with what appeared to be a gun, called it in and the schools immediately went into lockdown. now it is over now. the schools are not in lockdown anymore but gives thank you feeling of how nervous everyone is. not just in this community but in communities throughout connecticut. all the way down to georgia as well. my next guest is corporal jake smith from the county police. corporal smith, i understand that there are all sorts of different security measures going into place in your area as well and you are many miles and many states away. >> yeah. that's correct. our department much like other departments throughout the country have had an action plan in place for response to an incident like this. and we have bee
there are so many in this area of connecticut. just a few hours ago, news broke that in ridgefield 20 minutes from where i'm standing, yet another school district went into lockdown. obviously nerves are on edge. but the report that came in officially was that someone who was driving by, nearby train station, saw someone with what appeared to be a gun, called it in and the schools immediately went into lockdown. now it is over now. the schools are not in lockdown anymore but gives thank you...
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Dec 18, 2012
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box 3700, newtown, connecticut. and the zip code, 06470. >> to find out how you can help those affected by this tragedy, go to cnn.com/impact. i went to the site here, not only can you get information on how you can help those affected, but if you need some help also, perhaps on how to tell your child about this tragedy, how to explain it. there are liks here and links to the facebook pages set up for these children as well. a lot of information for you if you would like. >>> meantime, president obama, his point man, as he gets ready to put gun control on the agenda, more on that, coming up. list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to shape our curriculum, so that when you find the job you want you'll be a perfect fit. let's get to work. to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. wh
box 3700, newtown, connecticut. and the zip code, 06470. >> to find out how you can help those affected by this tragedy, go to cnn.com/impact. i went to the site here, not only can you get information on how you can help those affected, but if you need some help also, perhaps on how to tell your child about this tragedy, how to explain it. there are liks here and links to the facebook pages set up for these children as well. a lot of information for you if you would like. >>>...
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the connecticut state police. lieutenant vance, we're here in your office in middletown, connecticut. i know it must be hard on the journalists so it must be so much more hard on the men and women that work at the connecticut state police. what has it been like? >> it's been a horrible, tragic scene. the initial response was just horrific. the men and woman that risked their lives going in there trying to stop the aggression, trying to stop the shooting and carnage and rescue as many people as they could truly put their lives on the line but even more so, the faculty, the staff, the teachers that tried and did protect many of those children. there's good and bad but our hearts are just simply broken just due to the fact that 26 people died in that building. >> how are the men and women of the connecticut state police, the first responders, how are they doing? >> they are working through this. we provide counseling and employee assistance to them. they are human beings also but we have to work through these types o
the connecticut state police. lieutenant vance, we're here in your office in middletown, connecticut. i know it must be hard on the journalists so it must be so much more hard on the men and women that work at the connecticut state police. what has it been like? >> it's been a horrible, tragic scene. the initial response was just horrific. the men and woman that risked their lives going in there trying to stop the aggression, trying to stop the shooting and carnage and rescue as many...
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Dec 18, 2012
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>>> it is 10:00 in newtown, connecticut, a community still struggling with grief and still reaching out to one another for comfort and beginning the long process of saying goodbye to so many young lives, lives cut far too short. makeshift memorials remind the people of this community they are not alone in their grief and people stop by to leave candles and flowers and teddy bears and notes of comfort. it is a daunting concept, the idea of trying somehow to move on without the 26 six and 7-year-olds that lost their lives friday and trying to move on without the six adults also killed at sandy hook elementary. moving on may not be possible for a very long time if ever. it is not clear just when the students of sandy hook will return to class but when they do, it will be in a different building, a different school, in a neighboring town. everything is different now. everything. for the families here this week is about trying to find a way to say goodbye and to honor the lives of their children, the lives of their teachers and school administrators, their three funerals scheduled for the re
>>> it is 10:00 in newtown, connecticut, a community still struggling with grief and still reaching out to one another for comfort and beginning the long process of saying goodbye to so many young lives, lives cut far too short. makeshift memorials remind the people of this community they are not alone in their grief and people stop by to leave candles and flowers and teddy bears and notes of comfort. it is a daunting concept, the idea of trying somehow to move on without the 26 six...
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Dec 17, 2012
12/12
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it's the state of connecticut and the state of connecticut is a great state in our union and i think the community will rebound and with all our prayers and everyone's prayers, yes. i also want to thank cnn for the wonderful job you done in this newscast. i watched you all weekend, all day today, and you have done an amazing compassionate job. thank you very much. >> well, thank you. >> -- for bringing this to the country. >> thank you, we really appreciate it. everyone here has been amazing and so welcoming so we want to be, you know, cognizant of that and respect you guys and not be intrusive. appreciate it. there's so much emotion going on over here. do you mind if we talk to you? >> no, that's fine. stay with me, lisa. my name is gloria. >> and you're here? >> i'm here because i have four grandchildren. and i was able to attend my son's -- he's in first grade, and he had his christmas concert tonight, and there pretty much wasn't a dry eye there. i met this wonderful woman here from alabama. so people are coming from all other. >> they are. thank you so much. our hearts are with
it's the state of connecticut and the state of connecticut is a great state in our union and i think the community will rebound and with all our prayers and everyone's prayers, yes. i also want to thank cnn for the wonderful job you done in this newscast. i watched you all weekend, all day today, and you have done an amazing compassionate job. thank you very much. >> well, thank you. >> -- for bringing this to the country. >> thank you, we really appreciate it. everyone here...
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Dec 22, 2012
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at the episcopal church in newtown, connecticut, the bell tolled 28 times. one time for each life lost, including the shooter's. as the people of newtown cope with how this tragedy took place, investigators continue to search for the why. what motivated 20-year-old adam lanza to go on a mass killing spree? cnn's susan candiotti joins me now with the very latest. nice to see you and have you with us this morning. is there any better sense on the part of investigators about what was adam lanza thinking? what was going through his mind? >> that's what we would all of course like to know. of course, investigators have been working very hard on all of this nonstop. so far, there is very little indication that he had much of an online presence, for example, did he flag his intentions to anyone online? did he play any online games with anyone? did he tell anyone what he was thinking about? these are the things they're trying to figure out. remember, they're still trying to work very hard to retrieve evidence from that hard drive. fbi working hard at quantico to try
at the episcopal church in newtown, connecticut, the bell tolled 28 times. one time for each life lost, including the shooter's. as the people of newtown cope with how this tragedy took place, investigators continue to search for the why. what motivated 20-year-old adam lanza to go on a mass killing spree? cnn's susan candiotti joins me now with the very latest. nice to see you and have you with us this morning. is there any better sense on the part of investigators about what was adam lanza...
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Dec 21, 2012
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be careful out there. >>> guns in schools in the wake of the connecticut shooting. more states talk about putting weapons in the classroom. just ahead we'll talk to the superintendent of one school district that already allows its employees to carry guns. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. the lexus december to remember sales event is on. oh,this is jucier than i thought. we actully keep track of how many times this kid picked his nose? tongue's out, hair pulls, stink eyes, man we see eveything. oh, it's the old man. hold on, i gotta send something out. you can have two apps open at the same time? how'd you do that? it's the galaxy note 10.1 man, it just does it. how do you think they made it? magic. do more with the samsung galaxy note 10.1. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with jus
be careful out there. >>> guns in schools in the wake of the connecticut shooting. more states talk about putting weapons in the classroom. just ahead we'll talk to the superintendent of one school district that already allows its employees to carry guns. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. the...
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Dec 21, 2012
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borks 3700, newtown, connecticut, 06470. that is a special post office box set up for letters of condolences. send all of your love and prayers. they don't want perishable goods. it's a heartwarming story to see that little 4-year-old girl writing the letter. she doesn't even know where newtown is on the map but yet she felt so compelled to do this beautiful thing, wolf. >> heart moving. heartwrenching, i should say that. lisa, thank you. >>> and you're in "the situation room." happening now, president obama about to make a statement on the fiscal cliff negotiations. we're going to bring it to you live as soon as it happens. >>> and newtown responding to the nra's controversial call for armed guards in every school. we're going there live. emotions very, very high. >> one parent who made her cry with laughter. we're remembering newtown's young victims and we're keeping their memories alive. we want to welcome our viewers in the united states and around the world. i'm wolf blitzer. you're in "the situation room." >>> looking
borks 3700, newtown, connecticut, 06470. that is a special post office box set up for letters of condolences. send all of your love and prayers. they don't want perishable goods. it's a heartwarming story to see that little 4-year-old girl writing the letter. she doesn't even know where newtown is on the map but yet she felt so compelled to do this beautiful thing, wolf. >> heart moving. heartwrenching, i should say that. lisa, thank you. >>> and you're in "the situation...
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connecticut senator joe lieberman on the culture of violence. then the gop's civil war. >> not the outcome that i wanted, but that was the will of the house. >> republican versus republican on the fiscal cliff with congressman steven la tourest and mick mulvaney. weighing in, "usa today's" bureau chief susan page, ron brownstein and michael duffy, washington bureau chief for "time" magazine. i'm candy crowley. this is "state of the union." nine days after the mass shooting deaths in newtown, the president of the national rifle association joined the gun debate. >> i call on congress today to act immediately to appropriate whatever is necessary to put armed police officers in every single school in this nation. >> in a similar vein, lawmakers in a growing number of states including oklahoma, missouri, minnesota, south dakota, virginia and oregon have said they will consider laws allowing teachers and school administrators to carry firearms at school. the nra says they are moving ahead to have their national model school shield program in place to
connecticut senator joe lieberman on the culture of violence. then the gop's civil war. >> not the outcome that i wanted, but that was the will of the house. >> republican versus republican on the fiscal cliff with congressman steven la tourest and mick mulvaney. weighing in, "usa today's" bureau chief susan page, ron brownstein and michael duffy, washington bureau chief for "time" magazine. i'm candy crowley. this is "state of the union." nine days...
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bushmaster rifle was used to kill those teachers and children in connecticut. they said, quote, it is apparent that sandy hook tragedy with his a watershed event that has raised the national debate on gun control to an unprecedented level. it is not our role to take positions or attempt to shape our influence the gun control policy debate. there are, however, actions that whoa as a firm can take. in a horrible irony, it turns out that teachers in california are investors in bushmaster. california state teachers retirement system invested $600 million in cerberus, that private equity firm. that means the teachers retirement fund owns 2.4% of the freedom group, parent of bushmaster. it is now reviewing that investment and other potential holdings in gun companies. chief investment officer at the teachers retirement system. thank you so much for talking with us and walking us through this this morning. clearly you must have heard from teachers over the past week. >> yes, we have, through e-mail, phone calls and social media. >> what are they telling you? >> well,
bushmaster rifle was used to kill those teachers and children in connecticut. they said, quote, it is apparent that sandy hook tragedy with his a watershed event that has raised the national debate on gun control to an unprecedented level. it is not our role to take positions or attempt to shape our influence the gun control policy debate. there are, however, actions that whoa as a firm can take. in a horrible irony, it turns out that teachers in california are investors in bushmaster....